Thursday, November 01, 2007

NI Act_Practicle Problems_17

State with reasons whether the following shall amount to material alteration and invalidate the instrument.

a. D, in possession of an inchoate instrument where the amount has not been written on the instrument, writes himself the amount.
b. K, in possession of an uncrossed cheque received from A, write “Payee’s A/C only” on the face of the instrument.

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